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Author Topic: U.K. House Prices Decline 0.1% as Downward Trend Continues  (Read 169 times)
Letsbereal
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« on: July 25, 2011, 12:15:26 AM »

U.K. House Prices Decline 0.1% as Downward Trend Continues, Hometrack Says
25 July 2011
, by Fergal O’Brien (Bloomberg)
http://www.bloomberg.com/news/2011-07-24/u-k-house-prices-decline-0-1-as-downward-trend-continues-hometrack-says.html

Excerpt:

U.K. house prices fell for a third month in July and are likely to continue on a “downward trend,” property researcher Hometrack Ltd. said.

The average cost of a home slipped 0.1% from June and was down 3.9% from a year earlier, the London-based firm said in an e-mailed report today.

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